8-KEarnings & ResultsExhibits & Filings

Keysight Technologies, Inc. 8-K Report, Financial Results (May 17, 2022)

Filed May 17, 2022For Securities:KEYS

Summary

Keysight Technologies, Inc. (KEYS) reported its second fiscal quarter financial results for the period ending April 30, 2022, via a press release filed on May 17, 2022. The company emphasizes its use of non-GAAP financial measures to provide a clearer view of operational performance and enhance investor understanding of core financial performance and future prospects. These non-GAAP measures, which exclude items such as amortization, share-based compensation, and acquisition costs, are used by management for internal comparisons, competitor analysis, and guidance, offering a perspective often utilized by other industry participants. Investors are encouraged to review these non-GAAP figures alongside GAAP results for a comprehensive understanding, with a detailed explanation provided in Exhibit 99.1.

Key Highlights

  • 1Keysight Technologies released financial results for its second fiscal quarter ending April 30, 2022.
  • 2The filing includes a press release (Exhibit 99.1) detailing the company's financial performance.
  • 3Keysight utilizes non-GAAP financial information to offer supplemental insights into operational performance.
  • 4Non-GAAP measures are presented to provide investors with management's view of core financial performance.
  • 5The company explains that its non-GAAP figures exclude certain expenses like amortization, share-based compensation, and acquisition costs.
  • 6These non-GAAP metrics are used internally for performance assessment and comparison with competitors and guidance.
  • 7The report clarifies that non-GAAP information is not a substitute for GAAP but is provided for enhanced transparency.

Frequently Asked Questions

This 8-K filing reports on Keysight Technologies, Inc.'s financial results for the second fiscal quarter ended April 30, 2022.

Keysight provides non-GAAP financial information to offer supplemental insights into their operational performance, allowing investors to better understand the company's core financial performance and future prospects, as viewed by management.

Keysight's non-GAAP financial measures typically exclude items such as amortization of acquisition-related balances, share-based compensation, acquisition and integration costs, restructuring charges, and other one-time adjustments that may materially affect expenses and income calculated under GAAP.

Detailed financial results and explanations for the non-GAAP information are provided in Exhibit 99.1, which is the press release attached to this 8-K filing.